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1563 Bathurst Street, Toronto, ON M5P 3H8

Toronto C03, ON, M5P 3H8 · Forest Hill South

8 Beds
4 Baths
Sq Ft
2 Parking
Multiplex Type
C13077024 MLS#

About this property

Exceptional development opportunity in prime Forest Hill South. Approved severance and minor variances in place for the creation of four residential lots, each intended for three-storey semi-detached dwellings. Approvals are subject to conditions, including servicing and municipal requirements. Proposed lots offer efficient frontage and density, with approved relief for increased floor space index, reduced setbacks, and enhanced building envelopes.The property is currently fully tenanted, generating approximately $8,000/month in rental income, providing interim holding income during the development and permitting process.Property is being sold as-is with tenants. Buyer to verify all information and conduct their own due diligence regarding development potential and fulfillment of approval conditions.

Features & Amenities

  • Basement: Finished, Separate Entrance
  • Garage: Attached
  • Cooling: Central Air
  • Heat Type: Water
  • Heat Source: Gas
  • Style: 2-Storey
  • Construction: Brick
  • Sewer: Sewer

Property Details

Property Type Residential Freehold
Property Sub-Type Multiplex
Architectural Style 2-Storey
Bedrooms 8
Bathrooms 4
Basement Finished, Separate Entrance
Garage Attached
Parking Spaces 2
Heat Type Water
Heat Source Gas
Cooling Central Air
Sewer Sewer
Annual Tax $10,429
Tax Year 2025

Interior Features

Interior Features
Water Meter
Fireplace
Yes

Exterior Features

Pool Features
None

Building & Construction

Architectural Style
2-Storey
Construction Materials
Brick
Foundation Details
Unknown
Roof
Asphalt Shingle
Basement
Finished, Separate Entrance

Heating & Cooling

Heat Type
Water
Heat Source
Gas
Cooling
Central Air

Parking & Garage

Garage Type
Attached
Garage
Yes
Parking Spaces
2
Parking Total
4.00
Parking Features
Front Yard Parking
Covered Spaces
2

Lot & Land

Lot Size Units
Feet
Lot Depth
104.09
Lot Width
60.00

Financial & Tax

Tax Annual Amount
$10,429
Tax Year
2025
Possession Type
Flexible
Possession Details
TBD

Utilities & Services

Sewer
Sewer

Room Details

Rooms Above Grade
10
Rooms Below Grade
2
Kitchens Above Grade
1
Kitchens Total
2
Bedrooms Above Grade
6
Bedrooms Below Grade
2

Additional Details

Occupant Type
Tenant
Direction Faces
East
County Or Parish
Toronto
Cross Street
Bathurst And St. Clair
Directions
Lonsdale Rd, East of Bathurst St
Special Designation
Unknown
Showing Requirements
Go Direct

Location

1563 Bathurst Street, Toronto, ON M5P 3H8, Toronto C03, ON, M5P 3H8

Listing courtesy of HOMELIFE NEW WORLD REALTY INC.
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